(n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor.
Example Sentences:
(1) A statement from the company said it had assigned all its assets for the benefit of creditors, in accordance with Massachusetts' law.
(2) Far from securing the regime change they were seeking, the creditors now find that Syriza is being supported by all Greek political parties apart from the communists and the neo-Nazi party Golden Dawn.
(3) As Greece pleads with its eurozone creditors for more time in meeting its fiscal adjustment targets, Dombrovskis is a fierce champion of surgical austerity applied quickly and ruthlessly.
(4) Providing an upfront, unconditional component to debt relief is critical to provide a strong and credible signal to markets about the commitment of official creditors to ensuring debt sustainability, which in itself could contribute to lowering market financing costs.
(5) Groups such as the Consumer Credit Counselling Service (CCCS) can help you negotiate payment arrangements with your creditors.
(6) Instead, those who ordered through the company will be treated as unsecured creditors.
(7) It has proposed linking repayment of the debt to growth (the only real way of paying creditors and of guaranteeing their rights), and has indicated its desire to implement those structural reforms needed to strengthen an impoverished state left too long in the hands of corrupt elites.
(8) Greece’s debt is currently around 175% of its annual national income, most of it owed to official creditors such as the European Central Bank or the International Monetary Fund.
(9) In conclusion, there is a reasonable chance that retirement plan assets in Delaware qualified plans are insulated from judgment creditors, but the best course is to maintain adequate insurance protection and follow an aggressive prejudgment strategy in serious cases so you don't have to resolve the issue in a bankruptcy proceeding.
(10) Hours after Greece’s bailout programme with its creditors expired and the country became the first in the developed world to miss an IMF loan repayment, Greek pensioners without debit cards were at last able to withdraw some cash.
(11) Greece's eurozone creditors are demanding that the government in Athens introduce a six-day working week as part of the stiff terms for the country's second bailout.
(12) You make a monthly payment to the court and it is split between the creditors.
(13) No sign of an OMT announcement.. September 10, 2012 Updated at 2.46pm BST 2.12pm BST Another development in Greece: there is growing speculation in Athens today that with Greek debt still at a whopping 166% of GDP – despite a massive write-down by private sector creditors earlier this year – another haircut, this time by the official sector, is on the cards.
(14) It suggests government-led programmes to restructure debt and tax breaks to persuade creditors to lengthen repayment periods.
(15) Meanwhile, MPs in Athens approved the contentious reforms and austerity package demanded by its creditors amid angry scenes in parliament and violent clashes on the streets on Wednesday.
(16) For three months, a battle of brinkmanship has been going on between the government of Alexis Tsipras and its European creditors over a cash-for-reforms plan that would give Greece the €7.2bn worth of rescue funds that it needs to meet its debt payments.
(17) Creditors plan to ringfence Greek economy if Tsipras refuses to give in Read more Yet when asked about their attitude to the EU itself, 76% of Greeks said they mistrusted it.
(18) And leaving the programme should be the responsibility not just of the debt country but the creditor country as well.” Athens, Tsakalotos continued, had kept its side of the bargain, legislating highly unpopular reforms to produce savings of 2% of GDP, while the European Union and International Monetary Fund had not kept theirs.
(19) Persistent critic The truce was supposed to allow INM to present a united front to creditors as it tried to renegotiate €1.3bn of debt and €200m worth of bonds, but it was a coup for O'Brien.
(20) The bank filed for Chapter 11 bankruptcy, which provides protection from creditors while it liquidates its business.
Debt
Definition:
(n.) That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability.
(n.) A duty neglected or violated; a fault; a sin; a trespass.
(n.) An action at law to recover a certain specified sum of money alleged to be due.
Example Sentences:
(1) In the bars of Antwerp and the cafes of Bruges, the talk is less of Christmas markets and hot chocolate than of the rising cost of financing a national debt which stands at 100% of annual national income.
(2) Madrid now hopes that a growing clamour for future rescues of Europe's banks to be done directly, without money going via governments, may still allow it to avoid accepting loans that would add to an already fast-growing national debt.
(3) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
(4) The government did not spell out the need for private holders of bank debt to take any losses – known as haircuts – under its plans but many analysts believe that this position is untenable.
(5) However, civil society groups have raised concerns about the ethics of providing ‘climate loans’ which increase the country’s debt burden.
(6) The pump function of the heart (oxygen debt dynamics), the anaerobic threshold (complex of gas analytical indices), and the efficacy of blood flow in lesser circulation (O2 consumption plateau) were appraised.
(7) In the UK, George Osborne used this to his advantage, claiming "Britain faces the disaster of having its international credit rating downgraded" even after Moody's ranked UK debt as "resilient".
(8) Thus, the decreased hyperemic response after arrest suggests a reduced energetic debt with CSC compared with ARC and may indicate superior myocardial protection with CSC.
(9) It was the ease with which minor debt could slide into a tangle of hunger and despair.
(10) Most (86 percent) had educational debt (mean = $20,500), and more than half of those with debt were making loan payments.
(11) Silvio Berlusconi's government is battling to stay in the eurozone against mounting odds – not least the country's mountain of state debt, which is the largest in the single currency area.
(12) However in a repeat of the current standoff over the federal budget, the conservative wing of the Republican party is threatening to exploit its leverage over raising the debt ceiling to unpick Obama's healthcare reforms.
(13) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
(14) Nevertheless we know that there will remain a large number of borrowers with payday loans who are struggling to cope with their debts, and it is essential that these customers are signposted to free debt advice.
(15) Finally, there is that pesky matter of public debt, which is still 90% of eurozone GDP.
(16) The ONS said it was possible that these one-off items and a rise in tax receipts in January could bring the overall debt figure within the OBR's £80.5bn forecast.
(17) This causes a time lag, with money continuing to be taken until the SLC is made aware that the debt has been settled.
(18) Unsecured lending rose slightly during the month, with outstanding debt increasing by £331m, after contracting by £114m in April.
(19) He said: "Advanced economies are still confronted with high levels of public and private debt, which act as brakes on the recovery.
(20) Portugal's slide towards a Greek-style second bailout accelerated after its principal private lenders indicated that they were growing weary of assurances from Lisbon that it could get on top of the country's debts.